About your Search

20110701
20110731
Search Results 0 to 19 of about 20 (some duplicates have been removed)
, to have a big fight in washington about what we are going to prioritize in this country, what we are going to spend money on and not going to spend money on. the president said yesterday the fight about the debt ceiling is not going to be some short-term stop-gap measure to tie the fight over to another day. the president said he wants to have the fight now. we are coming out of the great recession, but still tough times economically. given that, how should we be allocating our resources as a country? the republican stance in this big argument, the republican position is that they will not allow taxes to go up one penny, even if democrats only want to raise taxes on the richest people in the country. >> a tax hike cannot pass the u.s. house of representatives. it's not just a bad idea, it doesn't have the votes, and it can't happen. the american people don't want us to raise taxes. >> american people do not want us to raise taxes, makes for a nice, tidy, talking point in this fight. it does not, however, appear to be a true talking point. most recent poll to poll on this question said when
're going to see something between the reid and boehner plans, the big difference is the boehner plan forces us to raise the debt ceiling again and forces us to accept a $1.8 trillion or more in cuts from the so-called super commission, and if we don't do it, we go through another crises. also a vote on the budget amendment. i think you could get something more rationalal to incentivize another plan down the road and have something with enough pressure coming from the markets, both parties could vote for. >> you make it sound like if reasonable people had a conversation about this there might actually be a solution, so thanks for being on and talking with us today. >> glad to be here. >> that was ezra klein, columnist for "the washington post" and bloomberg and also an msnbc policy analyst. thanks so much. >> thank you. >> now, ask yourself, would you -- no, not you, nancy. would you want john boehner's job right now, trying to placate a gaggle of angry tea partiers and stave off an economic calamity at the same time? i suspect there are moments even he doesn't want this job, but he's got it
writes, get this, $80 million different checks. for everything from big ticket items like social security, veterans benefits, and nondefense contracts, to smaller payouts, to folks who are, for example, victims of black lung disease, or people who are railroad retirement board pensioneers. it's 80 million checks every single month. and, again, only about half the money they'll need to make good on all of those payments. so what does treasury do? who gets paid? who doesn't? laid out a possible scenario in which the treasury department only pays the following bills in august. interest on our debts, social security benefits, medicare and medicaid, defense contracts, and unemployment benefits. just paying those bills, just those, not everything we owe, just those, brings us to about $172 billion. which if you'll remember is all the money that they will have on hand. if only those programs get paid, here, my friends, is what doesn't get paid. military pay for active duty soldiers, veterans affairs programs, salary and benefit for federal employees, department of education, food services for lo
is a big part of the reason why. before i served in congress, i ran a small business in ohio. i was amazed at;h$ow different washington, d.c. operated than every other business in america, where most american businesses make the hard choices of paying their bills and living within their means, in washington, more spending and more debt is business as usual. i've got news for washington, those days are over. president obama came to congress in january and requested business as usual. he had another routine increase in the national debt, but we in the house said not so fast. he was a president asking for the largest debt increase in history on the heels of the largest spending increase in history. here's what we got from that massive spending binge, a new health care bill most americans didn't ask for, a new spending bill that's more useful for producing material for late night comedians than jobs, and a debt that sparked a crisis without precedent in my lifetime or yours. the united states cannot default on its debt limitations. what we told the president in january was this, the american
that was possible. the big lesson for minnesota is the unthinkable is possible. you have a tendency to think in these sorts of situations it's just a game of chicken, there will be a resolution, the debt ceiling will be lifted, but sometimes a game of chicken ends in a car crash. the last thing that republicans walked out of in terms of trying to avert this car crash was a meeting president obama convened yesterday in washington. you may remember mr. obama told everyone to dress casually because they were going to be there for a long time, right? that's why we have the pictures where they look vaguely, slightly, iranian, because they are not wearing ties. women look the same they always do, but the men, a little ahmadinejad fashion there. even though they were tieless because they would be there all day working on, house speaker john boehner before the meeting even started on sunday, told the reporters he could not support any big deal that the president wanted, period. so in the end, their long day of sweaty, tieless negotiations only lasted an hour and 15 minutes, then they went home. ther
, the smaller the people. and right now we have a government so big and so expensive it is zapping the drive out of our people and keeping our economy from running at full capacity. the solution to this crisis is not complicated. if you are spending more than you are taking in, you need to spend less of it. there's no symptom of government more menacing than our debt. break its grip and we begin to liberate our economy and our future. we're up to the task. and i hope president obama will join us in this work. god blets you and your family and god bless the united states of america. >> that was speaker of the house john boehner responding to the speak address of the president of the united states. called a stalemate over the debt ceiling negotiations. speaker boehnor said there was no stalemate, making the case that there was no stalemate simply because he has been able to pass some bills in the house of representatives only that address this with absolutely no possibility of passing that legislation through the united states senate. ignoring the stalemate, he ignored many of the specifics raised
of answers to that. first of all, the size of the debt, the national debt, has grown. it really is big right now, almost as large as the whole economy itself and it hasn't been that way since the end of world war ii. people have been increasingly attempted to use the debt ceiling vote as a political weapon. the democrats did that a few years ago. as a matter of fact, barack obama, when he was a senator, not president, voted against an increase in the debt ceiling for political reasons himself. but when the tea party arrived, they use this vote as an excuse for a kind of building takeover. i'm of the '60s generation, this feels to me like occupying the administration building, okay? that's who the tea party people are. they want to stop the system with a capital "s." they think they are doing the lord's work, literally, in doing so, and that's the problem john boehner had in dealing with them. he didn't have money to give them, instead of giving them pork, because there are no ear marks, he gave them constitutional pork in the form of this vote on the constitutional amendment to balance the b
Search Results 0 to 19 of about 20 (some duplicates have been removed)